Population: 2,358 · Density: 47.2/mi² · Median household income: $116,250
Typical home value: $230,649 · Homeownership: 97.3%
Data as of January 2026. Source: Realtor.com.
The MELROSE, NY real estate market (12121) currently shows 2 active listings. Homes are averaging 108 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 108 days on market compared to 117 days last year.
The median listing price has risen 5.3% year-over-year, from $470,000 to $494,950.
Whether you are buying or selling in MELROSE, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 12121 | Melrose, NY 12121 | 0.0 mi | 2 | $989,900 | $494,950 | $494,950 |
| 12188 | Waterford, NY 12188 | 4.9 mi | 24 | $13,628,400 | $559,450 | $567,850 |
| 12180 | Troy, NY 12180 | 6.4 mi | 98 | $38,394,440 | $332,000 | $391,780 |
| 12094 | Johnsonville, NY 12094 | 6.7 mi | 4 | $1,028,000 | $240,000 | $257,000 |
| 12118 | Mechanicville, NY 12118 | 8.0 mi | 76 | $41,491,060 | $586,650 | $545,935 |
| 12052 | Cropseyville, NY 12052 | 8.7 mi | 4 | $2,269,800 | $567,450 | $567,450 |
| 12189 | Watervliet, NY 12189 | 9.4 mi | 14 | $4,311,230 | $231,950 | $307,945 |
| 12028 | Buskirk, NY 12028 | 10.8 mi | 7 | $3,114,300 | $509,900 | $444,900 |
| 12151 | Round Lake, NY 12151 | 10.9 mi | 2 | $895,000 | $447,500 | $447,500 |
| 12198 | Wynantskill, NY 12198 | 11.5 mi | 18 | $8,249,814 | $439,900 | $458,323 |
| 12211 | Albany, NY 12211 | 12.4 mi | 32 | $23,118,400 | $640,000 | $722,450 |
| 12090 | Hoosick Falls, NY 12090 | 12.8 mi | 27 | $7,843,068 | $259,000 | $290,484 |
| 12138 | Petersburg, NY 12138 | 13.9 mi | 13 | $2,917,564 | $185,000 | $224,428 |
As of January 2026, there are 2 active listings in MELROSE, NY (zip code 12121), compared to 7 the prior year.
The median listing price in MELROSE, NY 12121 is $494,950 as of January 2026, a 5.3% increase from $470,000 the prior year.
Homes in MELROSE, NY 12121 spend an average of 108 days on the market before going under contract, compared to 117 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MELROSE, NY 12121 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 108 days on market compared to 117 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE, NY 12121 save an estimated $9,899 compared to a typical 5% commission on the median listing price of $494,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.